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Fed ramps up inflation fight, saying economy is tough enough to cope

Central bank moves aggressively as it tackles hottest price pressures in 40 years

20 March 2022 - 00:00 By Craig Torres and Steve Matthews

The US Federal Reserve has kicked off a series of interest rate hikes that's set to be the most aggressive since the mid-2000s, as chair Jerome Powell assured Americans that the economy won’t tip into recession...

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